ETO GARMENTS ApS

ETO GARMENTS ApS (CVR number: 63814113) is a company from MIDDELFART. The company recorded a gross profit of 5408.2 kDKK in 2022. The operating profit was -3.1 kDKK, while net earnings were 18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ETO GARMENTS ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.